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Ocean Power Technologies and Stratum Holdings Sign Letter of Intent for Proposed Strategic Collaboration to Demonstrate Offshore Renewable-Powered Data Center Assets

Companies to combine OPT’s PowerBuoy® platforms and patent portfolio with Stratum’s GPU infrastructure to advance edge AI inference powered by wave, wind, and solar energyMONROE TOWNSHIP, NJ and CELEBRATION, FL, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT”) and Stratum Holdings Corp. (NASDAQ: SRTM) (“Stratum”) today announced that they have entered into a non-binding letter of intent (the “LOI”) for a proposed strategic collaboration to demonstrat

Yahoo·08:00OPTT

MARKETS LIVE: Wall Street in the green as investors weigh Anthropic IPO filing

2:30pm: Market movers SpaceX Corp (NASDAQ:SPCX) has committed to an approximately $40 billion finance lease for Nvidia's next-generation Vera Rubin chips and related equipment through an entity managed by Apollo Global Management (NYSE:APO). Xencor Inc (NASDAQ:XNCR) shares jumped 20% to...

Yahoo·06:48

Dow Surges Over 200 Points; Verizon Shares Fall Following Q3 Results

U.S. stocks rose Monday, led by the Dow’s 200-point gain. Consumer discretionary rallied, Verizon fell after mixed results, and oil dropped 1.2%.

Benzinga·05:47

Ocean Power Technologies Inks Letter Of Intent With Stratum Holdings For Proposed Partnership To Unveil Offshore Data Center Assets

Ocean Power Technologies, Inc. (NYSE American: OPTT) ("OPT") and Stratum Holdings Corp. (NASDAQ:SRTM) ("Stratum") today announced that they have entered into a non-binding letter of intent (the

Benzinga·03:34OPTT

12 Industrials Stocks Moving In Monday's After-Market Session

Gainers Aqua Metals (NASDAQ:AQMS) stock increased by 14.9% to $1.7 during Monday's after-market session. The market value of their outstanding shares is at $6.0 million. Xos (NASDAQ:XOS) shares increased by 9.96%

Benzinga·13:05

Ocean Power Technologies' compact PowerBuoy Mini selected for US Government operational exercise

Ocean Power Technologies Inc (NYSE-A:OPTT, FRA:RUO), the maritime autonomous systems company, has secured selection of its PowerBuoy 2.0 Solar and Wind Mini for participation in an upcoming US Government operational exercise, marking a potential expansion of the platform's role in government...

Yahoo·08:32OPTT

Ocean Power Technologies Announces PowerBuoy® Mini Selection for U.S. Government Operational Evaluation

Operational assessment expands government visibility of the compact platform as OPT advances its PowerBuoy technology portfolioMONROE TOWNSHIP, N.J., Oct. 12, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader of maritime operational infrastructure and autonomous ocean systems, today announced that its PowerBuoy® 2.0 Solar and Wind Mini has been selected to participate in an upcoming U.S. Government operational exercise. The capabilit

Yahoo·08:15OPTT

Ocean Power Technologies' PowerBuoy 2.0 Solar And Wind Mini To Participate In Upcoming U.S. Government Operational Exercise

Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE:OPTT), a leader of maritime operational infrastructure and autonomous ocean systems, today announced that its PowerBuoy® 2.0 Solar and Wind

Benzinga·04:17OPTT

Can WAM-V Platform Unlock Growth for Ocean Power Technologies (OPTT)?

The recent WAM-V 8 platform demonstration showcases operational resilience of the system, designed by Ocean Power Technologies Inc. (NYSEAMERICAN:OPTT). The demonstration was carried out in intricate surf-zone environment, and was subject to formal evaluation by Engineer Research and Development Center (ERDC), the U.S. Army Corps of Engineers (USACE), and the Field Research Facility teams. It […]

Yahoo·11:15OPTT

Could Palantir Foundry Be a Turning Point for Ocean Power Technologies (OPTT)?

Ocean Power Technologies’ (NYSEAMERICAN:OPTT) implementation of Palantir Foundry is intended to support its expanding deployment footprint across U.S. and international markets. Part of the Palantir for Builders program, this move offers a more integrated view of the broader operations to management. More importantly, it is expected to support the scalable delivery of Ocean’s autonomous maritime […]

Yahoo·18:46OPTT

12 Industrials Stocks Moving In Thursday's After-Market Session

Gainers XCHG (NASDAQ:XCH) stock rose 17.7% to $3.52 during Thursday's after-market session. The company's market cap stands at $272.6 million. Agroz (NASDAQ:AGRZ) stock moved upwards by 6.35% to $3.85. The

Benzinga·13:05

Ocean Power Technologies wins Naval Postgraduate School order for WAM-V 8 drone

Ocean Power Technologies Inc (NYSE-A:OPTT, FRA:RUO) has received an order from the Naval Postgraduate School (NPS) for a WAM-V 8 maritime drone, the company said on Thursday. Researchers at the NPS Consortium for Robotics and Unmanned Systems Education & Research plan to use the vessel...

Yahoo·09:42OPTT

Naval Postgraduate School Orders WAM-V 8 for Littoral Sensing and Autonomous Systems Research

Award expands an established OPT relationship from persistent ocean sensing to mobile maritime researchMONROE TOWNSHIP, N.J., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous ocean systems, today announced an order from the Naval Postgraduate School (NPS) for a WAM-V® 8 maritime drone. Researchers from the NPS Consortium for Robotics and Unmanned Systems Education & Rese

Yahoo·08:15OPTT

Ocean Power Technologies Receives Order From Naval Postgraduate School For A WAM-V 8 Maritime Drone; Terms Not Disclosed

Researchers from the NPS Consortium for Robotics and Unmanned Systems Education & Research (CRUSER) plans to use the WAM-V 8 as a mobile platform for littoral sensing and autonomous-systems research, including the

Benzinga·04:17OPTT

Ocean Power Technologies Appoints Victoria Hay As Interim CFO, Replacing Robert Powers

Mrs. Hay, 43, has been the co-owner and President of Flexible Consulting since May 2021. In her capacity as President of Flexible Consulting, Mrs. Hay has acted as a financial and accounting advisor for numerous

Benzinga·02:12OPTT

Ocean Power Technologies Demonstrates Offshore Deployment of Greensea IQ Bayonet 150 from Modified WAM-V 16

Proof of concept transported and remotely released a 300-pound amphibious vehicle that subsequently transited from offshore to the beachMONROE TOWNSHIP, N.J., Oct. 06, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader of maritime operational infrastructure and autonomous ocean systems, today announced the successful completion of a proof of concept requested by Greensea IQ involving the offshore deployment of the amphibious Bayonet 1

Yahoo·08:15OPTT

12 Industrials Stocks Moving In Thursday's Intraday Session

Gainers SES AI (NYSE:SES) shares rose 27.2% to $0.76 during Thursday's regular session. The market value of their outstanding shares is at $222.7 million. Star Equity Holdings (NASDAQ:STRRP) stock moved upwards by

Benzinga·09:06

Ocean Power Technologies Files Prospectus Registering Resale Of 366,162 Shares Issued In June 2026 Acquisition

OCEAN POWER TECHNOLOGIES, INC. 366,162 Shares of Common Stock The selling stockholders identified in this prospectus (which term as used in this prospectus includes their respective partners, pledgees, donees

Benzinga·12:49OPTT

Ocean Power sales pipeline surpasses $150 million as NATO and U.S. Military evaluations advance

Ocean Power Technologies Acting CEO Tracy Pagliara and Jason Weed – Chief Operating Officer joined Steve Darling from Proactive to provide an update on the company's growing sales opportunities, defense-sector momentum, and expanding portfolio of autonomous maritime technologies. Pagliara revealed that Ocean Power Technologies' qualified sales pipeline has now exceeded $150 million, while its current backlog stands at approximately $20 million. She described the company as being on the verge of a significant growth phase as it works to convert existing opportunities into contracts and revenue. "We are on the verge of breaking out," Pagliara said, pointing to a growing number of large opportunities currently under evaluation. The company continues to focus on converting its backlog into revenue while simultaneously replenishing and expanding its pipeline through new customer engagements. A major contributor to that momentum has been OPT's participation in high-profile military and defense exercises. Weed highlighted the company's involvement in REPMUS 2026, one of NATO's largest maritime autonomous systems exercises, where Ocean Power Technologies worked directly with U.S. Navy and Marine Corps personnel. During the exercise, all three classes of the company's uncrewed surface vehicles—including its 8-foot, 16-foot, and 22-foot platforms—were successfully integrated into the Navy's common control architecture. The vessels were deployed across a range of operational scenarios, including mine countermeasure operations, intelligence gathering, surveillance, reconnaissance, and maritime security missions. Weed noted that the U.S. Navy conducted a formal evaluation of the platforms during the exercise, providing an important opportunity for the company to demonstrate the interoperability and operational effectiveness of its systems in a real-world multinational environment. Beyond NATO operations, Ocean Power Technologies recently completed another significant government evaluation with the U.S. Army Corps of Engineers at the agency's Field Research Facility in Duck, North Carolina. The three-day assessment tested the company's autonomous surface vehicles and sensor technologies in challenging surf-zone environments characterized by breaking waves, currents, and difficult coastal conditions. Weed said the demonstration followed extensive preparation and testing activities conducted off the California coast before deployment to the East Coast evaluation site. The Army Corps assessment focused on capabilities such as bathymetric mapping, submerged hazard detection, and coastal monitoring—applications that are increasingly important for both civil infrastructure projects and military operations. In addition to its growing maritime drone business, Pagliara highlighted continued opportunities for the company's PowerBuoy platform. Earlier this year, Ocean Power Technologies secured a contract with the U.S. Department of Homeland Security that resulted in the deployment of four PowerBuoys supporting U.S. Coast Guard operations. #proactiveinvestors #oceanpowertechnologiesinc #nyseamerican #optt #DefenseTech #MaritimeTechnology #NATO #USNavy #AutonomousSystems #USVs #MilitaryTechnology #CoastGuard #PowerBuoy #OceanTech #ISR #NationalSecurity #SteveDarling

Ocean Power Technologies Operates Three WAM-V Classes Across Five Mission Sets at REPMUS 2026

WAM-V unmanned surface vessels integrated with U.S. command and control and supported training for the U.S. Navy and Marine Corps personnel in autonomous operations during the multinational exercise in PortugalMONROE TOWNSHIP, N.J., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in maritime operational infrastructure and autonomous ocean systems, today announced that three classes of its WAM-V® unmanned surface vessels o

Yahoo·08:15OPTT

Ocean Power Technologies demonstrates WAM-V 8 platform in surf-zone trial

Ocean Power Technologies Inc (NYSE-A:OPTT) said it put its WAM-V 8 platform through a formally evaluated demonstration in challenging surf-zone conditions, testing the autonomous vehicle at the US Army Corps of Engineers' Engineer Research and Development Center Field Research Facility in Duck,...

Yahoo·08:34OPTT

Ocean Power Technologies Advances WAM-V® Development Through U.S. Army Surf-Zone Testing

Evaluation of WAM-V® 8 provides data and operational insights to inform larger platform development and sensor integration for demanding nearshore operationsMONROE TOWNSHIP, N.J., Sept. 18, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT) a leader in maritime operational infrastructure and autonomous ocean systems, today announced that it conducted a formally evaluated demonstration of its WAM-V® 8 platform in challenging surf-zone conditions

Yahoo·08:15OPTT

US stock futures edge higher, but has the Fed really slayed inflation?

Ahead of the bell US stock futures edged higher on Friday morning as investors weighed the Federal Reserve's first interest rate rise in three years against mounting unease over the reach of artificial intelligence. Futures on the Dow Jones Industrial Average rose 0.1%, the S&P 500...

Yahoo·07:56

Ocean Power Technologies Conducts Demonstration Of Its WAM-V 8 Uncrewed Surface Vessel Platform At U.S. Army Corps Of Engineers’ R&D Center In North Carolina

The demonstration generated data and operational insights to inform the continued development of OPT’s 16- and 22-foot WAM-V platforms for demanding near-shore environments. Testing addressed sensor performance, vehicle

Benzinga·04:18OPTT

Ocean Power Technologies grows defense footprint as backlog rises in fiscal Q1

Ocean Power Technologies Inc (NYSE-A:OPTT) reported first-quarter fiscal 2027 revenue of $1.7 million, up 44% from a year earlier, as the company expanded its work with US defense and security customers and moved forward with a strategic review process. Ocean Power Technologies ran three...

Yahoo·08:30OPTT

Ocean Power Technologies, Inc. (OPTT) Reports Q1 Loss, Beats Revenue Estimates

Ocean Power Technologies (OPTT) delivered earnings and revenue surprises of -6,366.67% and +15.85%, respectively, for the quarter ended July 2026. Do the numbers hold clues to what lies ahead for the stock?

Yahoo·17:40OPTT

Ocean Power Technologies Announces First Quarter Fiscal 2027 Results

Quarter highlighted by operational execution, expanding defense-market access and continued development of persistent autonomous maritime infrastructureMONROE TOWNSHIP, N.J., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or the “Company") (NYSE American: OPTT) today announced financial results for its fiscal 2027 first quarter ended July 31, 2026 (Q1 2027). Q1 2027 and Recent HighlightsOperational execution and customer delivery Operated three PowerBuoy® systems concur

Yahoo·16:18OPTT

12 Industrials Stocks Moving In Thursday's After-Market Session

Gainers Vestis (NYSE:VSTS) stock increased by 7.7% to $13.5 during Thursday's after-market session. The market value of their outstanding shares is at $1.6 billion. Planet Labs (NYSE:PL) shares moved upwards by

Benzinga·13:06

Palantir Rallies 7% as PwC Alliance Counters Michael Burry Bear Case, ServiceNow Climbs 5%, Salesforce Gains 3%

Michael Burry just renewed his short case against Palantir, and Palantir answered with a major alliance announcement that sent the stock surging. Whether that response actually addresses the receivables quality problem Burry flagged is a different question entirely.

Yahoo·11:11

Ocean Power Technologies, Foxtrot partner on Palantir Foundry implementation for maritime growth

Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it is implementing Palantir Foundry to support the expansion of its autonomous maritime systems and services. The platform will be used to provide greater visibility across Ocean Power Technologies’ operations, including manufacturing,...

Yahoo·09:25OPTT

Ocean Power Technologies Selects Palantir Foundry to Accelerate Growth in Autonomous Maritime Operations

Foxtrot to lead implementation as OPT builds the digital infrastructure for a more connected, scalable operating modelMONROE TOWNSHIP, N.J., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (“OPT” or the “Company”) (NYSE American: OPTT), a leader in intelligent maritime solutions and services, today announced that it is implementing Palantir Foundry through the Palantir for Builders program to support its expanding U.S. and international deployment footprint. OPT has engaged Fox

Yahoo·08:15OPTT

12 Industrials Stocks Moving In Tuesday's After-Market Session

Gainers YY Group Holding (NASDAQ:YYGH) shares rose 39.1% to $1.6 during Tuesday's after-market session. The market value of their outstanding shares is at $3.8 million. Expion Energy (NASDAQ:XPON) shares rose

Benzinga·13:06

Ocean Power Technologies, Inc. (OPTT) Discusses Autonomous Maritime Technologies and Strategy for Ocean Operations Transcript

Ocean Power Technologies, Inc. (OPTT) Discusses Autonomous Maritime Technologies and Strategy for Ocean Operations August 25, 2026 11:00 AM EDTCompany...

SeekingAlpha·08:59OPTT